Potomac Wealth

February 15, 2019 | Deirdre Byrne

Bloomberg’s Wealthiest Towns List Includes Potomac, Travilah

Bloomberg News published its annual list ranking the wealthiest towns in the U.S. Wednesday. Both Potomac and Travilah rank on the list. Travilah, a census-designated place in Montgomery County, earned the 24th spot on the list (last year Travilah ranked 25th on the list). According to Bloomberg, the average household income in Travilah is $284,682. […]

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February 9, 2017 | Mark Avallone, MBA, CFP®, CRPS®, AIF®

How to Succeed Financially During and After a Divorce

Few people enter a marriage expecting it to end in divorce, but unfortunately, many marriages do. While no one wants to plan for a divorce, sound financial planning can help ease or protect against the financial effects of a divorce, should one come to pass. Below are 9 steps you can take that will serve […]

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September 14, 2016 | Mark Avallone, MBA, CFP®, CRPS®, AIF®

Are Low Interest Rates Hurting Or Helping You?

To raise or not to raise? That has been the question for most of the past few years if you are a voting member of the Federal Open Market Committee (FOMC). The FOMC is the arm of the Federal Reserve Bank that votes on the direction of interest rates. The challenge is that while the […]

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